VC Fund Investments
Contract mgmt enabler Doqfy raises Rs.7.5 Cr led by Turbostart, Pentathlon VC
Bengaluru-based contract execution SaaS platform Doqfy has raised INR 7.5 crore in a pre-Series A round led by Turbostart and Pentathlon VC. Other investors who participated in the round include Lead Angels, SilverNeedle VC, LetsVenture, and a AngelList syndicate led by Archana Priyadarshini. The funds will be used for tech enhancements of the platform and for building partnerships. Founded in 2019 by Aditya Pandranki, Manjula Rao, and Vilaas BV, Doqfy has capabilities in contract creation, negotiation, stamp duty payment with digital signatures, and milestone management, supporting enterprise and small and medium business (SMB) customers. Its clients include HDFC Bank, Bajaj Finserv, Ujjivan SFB, Axis Bank, DBS Bank, Xiaomi, Swiggy, Meesho, and Unacademy. Doqfy has a team strength of 40.
From the Venture Intelligence Incubation / Acceleration Database: Starting in 2020, DOQFY has received incubation / acceleration support from Expert Dojo and Turbostart.
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